| Mobile Web

Search results for Lightning Network

Crypto

Tether unveils consumer self-custody wallet supporting USDT and bitcoin transfers

Tether has launched a self-custody wallet, Tether Wallet, that supports USDT, bitcoin and tokenised gold. The company said it aims to reach billions of users excluded from the traditional financial system and to put payment infrastructure directly in users’ hands. The wallet supports a limited set of assets and lets users send funds via human-readable identifiers. It also lets users pay fees with the transferred asset and runs on multiple networks including Ethereum and Bitcoin Lightning.

Crypto

Debate grows over whether Iran could take Bitcoin for Hormuz tolls

A report that Iran could take Bitcoin for tolls charged to oil tankers transiting the Strait of Hormuz has fuelled debate over the actual payment method and whether it is technically feasible, Cointelegraph reported. The discussion spread after a Financial Times report that Iran was considering Bitcoin payments to evade U.S. sanctions. Views differ over whether tolls would be paid in Bitcoin, stablecoins or China’s yuan, while questions also remain about settlement mechanics and the use of the Lightning Network.

Crypto

Tempo launches mainnet, unveils machine payments protocol with Stripe

Tempo, a payments blockchain co-developed by Stripe and venture capital firm Paradigm, has launched its mainnet, The Block reported on March 18. The project introduced a Layer 1 blockchain designed for large-scale payment processing and an open machine-to-machine payments protocol developed with Stripe. Tempo also unveiled a payments directory listing more than 100 service providers. Tempo was previously released on testnet in December and raised $500 million in a Series A round in October at a $5 billion valuation.